Bahamas News
PM’s Remarks at Bahamas Striping’s Venture Capital Fund Launch
Bahamas, August 14, 2017 – Nassau –
- Cabinet Colleagues
- Mr. Atario Mitchell, President and Founder, Bahamas Striping Group of Companies;
- Allen Albury, Managing Director;
- Dominic Stirrup, Director of Business Development;
- Invited Guests;
- Ladies and Gentlemen
Many of you in this audience would recall that it was only a few months back, June, 10th, to be exact, that I had the opportunity of being with Atario and the principals of his company and the employees of Bahamas Striping as the company celebrated its 7th Anniversary. It was a wonderful occasion which, together with some of my Parliamentary colleagues, we thoroughly enjoyed.
At that time, you had built your celebrations around the theme of the mustard seed, a theme taken from the Bible which we all know. The mustard seed, though the smallest of seeds has the potential to grow into the mightiest of trees, far exceeding its small beginnings.
I am happy to note that this is indeed the model of growth of Bahamas Striping and to be quite frank, it has far exceeded what it thought would have been its potential.
There are many lessons to be learnt from the exponential growth and development of this company, and I never allow an opportunity to pass without publicly lauding Atario Mitchell for what he has been able to accomplish. This enterprise is a shining example of that dictum that give an individual an inch and he will achieve a mile. It speaks to the fact if given the opportunity, ordinary – – and I stress the word ordinary – Bahamians have the will and determination to succeed at anything.
I have read Atario’s own testimony and it is worth quoting in full because through his own words, he says it so well:
“As a young person, I did not come from a rich family, I had no political connection, I didn’t graduate at the top of my class but today in a progressive Bahamas, I have through hard work success is possible.”
Let me remind this audience and to those who will perhaps read and listen to what I have to say that this reality that we have today in Bahamas Striping was created under another Free National Government. It was in 2010 that this enterprise was started through a grant from the Self-Starter Program launched by a previous FNM Government. I am pleased that the Free National Movement has had a longstanding commitment to youth and business development.
I go on record by stating that youth entrepreneurial empowerment will be a major focus of my administration as we see this as a means of tackling some of our long entrenched problems in our urban areas such as unemployment, crime and social anomie.
Today, I have come to endorse the efforts of Bahamas Striping in going far beyond its remit in launching what is really a private venture capital fund. It is my understanding that the company has taken $1m of its funds and will use it to establish funding opportunities to young adults who can come forward with bankable proposals that would allow them the opportunity to get a leg up in the world of business. This is genuine and this is new and it should be applauded.
I need not tell you that there are countless examples of young individuals who have ideas to start a business enterprise but who have nowhere to turn to find the first red penny to advance their proposals. They are unable to obtain funding through the established commercial banks and quite naturally they would not have the connections or the knowledge to obtain private financing. And so what happens, the dream is deferred, and the dream dies. Needless to say, this leads to personal frustration and social explosion. And so I applaud this new initiative by Bahamas Striping as it has the potential to open the doors for many.
One of today’s realities is that the private sector must expand. It must be that sector of our economy that must be bold and imaginative. We know that the public sector is already overburdened when it comes to creating new employment and so any opportunity that the private sector has to expand and create new employment should be welcomed.
Another point that is really very important, that I wish to highlight, is this — and the story of the development of Bahamas Striping bears this out. Our economy needs small and medium enterprises to grow and become successful. More often than not, these are the companies that employ those who are marginalized and who may not fit into the conventional mainstream of employable skills. But the market place must find room for such young men and women, and often the best way to do this is allowing such persons to do their own thing.
Finally, if I were to make an observation for the benefit of those who will be approving and monitoring these small grants and loans, and it is this. Be on the lookout for those who bring creativity and enthusiasm to their proposals.
Today, it is so commonplace to see everyone doing the same thing. While healthy competition is good, one must be careful not to dismiss out of hand, that proposal that might go against the grain. Our economy needs all types to grow and to flourish and we must be on the lookout for these types of individuals.
That having been said, we know of the ever growing demand for those who would wish to do landscaping and gardening services, courier/delivery services, trucking and haulage, grooming and beauty business, food and drinks vending services and so on. Not everyone has to become a mechanic or a contractor or the likes. Find that for which there is a demand and then create a service.
I would repeat that which I said earlier. My Government is committed to helping the small man. We believe that he has a stake in the economic growth of The Bahamas and we will put our resources to work for you.
On my last visit with you, I mentioned the culture of training with which Bahamas stripping is imbued. The training and empowerment of young men is a cornerstone of your corporate culture. You are not only a center of excellence. You are also a center of hope. You are an example for other young entrepreneurs.
But the Government is also doing its part when it comes to training. Just across the street from the headquarters of Bahamas Striping is the BTVI. Then there is the National Training Agency which only recently enrolled its 8th cohort of students and which is preparing young people for the world of work and enterprise. And of course, at the highest level, there is the University of The Bahamas. My point is that an array of training is available in many forms and I encourage our young people to take advantage of such training.
I congratulate Bahamas Striping for that which it is launching today. This will have a profound impact on the lives of many young people by giving them that much needed jump-start to their lives.
I thank Bahamas Striping for what they will do. I wish to assure you of my fullest support on a personal level, and of course, you know that you can depend on the co-operation of my Government.
Congratulations and thank you!
NASSAU, Bahamas — Caribbean Bottling Company (CBC), local producers and distributors of Coca-Cola and Dasani products concluded their 10 weeklong Twist To Win campaign with four $5,000 Mall at Marathon shopping sprees.
The campaign which was available throughout the entire Bahamas allowed consumers to enter by purchasing a 20oz bottle with a yellow cap
from the following brands: Coca-Cola, Coca-Cola No Sugar, Sprite, Fanta Orange, or Fanta Grape. Each yellow-cap had a unique alpha numeric code underneath which they submitted to the Twist To Win WhatsApp number.
With each qualifying purchase, participants residing in The Bahamas were entered to win instant prizes and into a grand prize draw to win one of four $5,000 shopping sprees at the Mall at Marathon.
Participants also enjoyed exciting instant prizes such as: Airpods, JBL Speakers, premium Coca-Cola merchandise, $500 Visa gift cards and Amazon, Spotify and Apple Music digital gift cards.
Out of 76,000 plus submissions, Brian Bethel, Ashia Demeritte, Merlin Adams, and Taraceta Neely won the coveted Mall at Marathon shopping sprees at the following select stores, Kelly’s House & Home, The Sports Center, John Bull, Brass & Leather, and BTC.
Leading up to the grand finale shopping spree, Coca-Cola hosted a Trivia Showdown with the eight finalists to determine the four winners. Finalists were tested on their knowledge of World History, Pop Culture, Caribbean Bottling Company and Coca-Cola Facts!
After a few rousing rounds of trivia, the four winners were declared after each winning their spot in the shopping spree by answering their questions correctly and choosing the “Grand Prize” Coca-Cola labeled bottles at random.
The morning of the shopping spree Coca-Cola gave the winners exclusive access to the Mall at Marathon and its participating stores before
their usual operating hours. Grand prize winners were greeted with wide smiles from Coca-Cola brand representatives and morning bites before the big event.
At the start of the thirty-minute clock the grand prize winners along with each of their Coca-Cola shopping assistants ran to the various stores collecting items in their arms and carts.
Merlin Adams, a husband and father of four was proud to have executed his game-plan at the end of the shopping spree. With toys, a new phone and materials for his home from Kelly’s, Adams felt accomplished in what he gathered.
Taraceta Neely, a winner from Eleuthera collected beautiful bags for herself and relatives from Brass and Leather and Brian Bethel bought matching athletic and outdoor wear from The Sports Center for his family.
The final winner Ashia Demeritte bought linens and household items in addition to a new phone from BTC right in time for Christmas.
Caribbean Bottling Company is proud to share the real magic of Coca-Cola with the grand prize winners and the may instant prize winners across the Twist To Win campaign. For more updates on new products, promotions, and events follow www.cbcbahamas.com.
Bahamas News
The Coca-Cola Art Project Astonishes Art Lovers at The Bahamas Culinary & Arts Festival
NASSAU, Bahamas — Caribbean Bottling Company (CBC), local producers and distributors of Coca-Cola and Dasani products displayed
their astonishing Coca-Cola Art Project (CCAP), during Baha Mar’s five-day Culinary & Arts Festival. Earlier this year, Coca-Cola partnered with The University of The Bahamas’ Visual Art and Design Department for a culturally rich art competition. UB’s art students were challenged to create pieces surrounding the theme, Bahamian music.
As a result, 20 student works of art were made, with four students declared as winners at the CCAP exhibit opening in Baha Mar’s ECCHO: Art Gallery in August. To recreate the culturally stimulating magic felt at the exhibit’s premiere, the CCAP was featured at the FUZE Art Tent during The Bahamas Culinary & Arts Festival.
Nine incredible pieces of art lined the walls of the Coca-Cola Art Project, four of which included the winning pieces from Jhanaisia Cole,
with ‘Gaulin Bride’; Alyssa Pinder, with ‘Shotgun Wedding’; Nelson Gray, with ‘Untitled’; and Jaela Bowe, with the piece ‘Whims of Obeah, a Folktail’. Additionally, an intimate listening room was built. It displayed students’ artistic processes, UB Visual Art and Design representatives, and a recap of the exhibit opening for audiences.
Art enthusiasts also enjoyed premium limited-edition CCAP keepsakes at the booth. Journals which featured a collage of all 20 student submissions on the front and back cover, postcards with an art piece on the cover along with the student’s name, title, dimension and materials on the back and pens designed with the CCAP’s dynamic logo.
Throughout the art festival diverse groups of people visited the art tent taking in the displays while enjoying the artistic insights from the
listening booth.
Community and culture are always at the forefront of Caribbean Bottling Community, and it was boldly showcased during The Bahamas Culinary & Arts Festival for the third consecutive year.
For more details on the Coca-Cola Art Project, events and new products visit www.cbcbahamas.com today!
NASSAU, Bahamas — Caribbean Wines & Spirits (CWS), The Bahamas’ premier wines and spirits distributor delighted Jollification
attendees with bubbles from their Bottega and Bouvet Ladubay sparkling wines and Besserat de Bellefon champagne lines.
Located in the Monument Circle on The Retreat grounds, CWS transformed The Retreat Garden into a lush lounge with Besserat, Bouvet and their latest product addition, Bottega, during the two-day affair.
The festivities kicked off Friday during BNT Member’s Night. Guests enjoyed exclusive offerings from CWS’s catalogue, offered exclusively to members. Complimentary mixes or glasses on the rocks included El Tequileno tequila, Hard Truth whiskey, House of Angostura rum, Cross Keys gin, Nemiroff vodka and a slew of wines such as Fonesca Bin, Bottega and Besserat.
Guests also savored the ‘Jolly Paloma’ cocktail, an instant favorite made with El Tequileno tequila, Schweppes Grapefruit and Domaine de Paris rose wine. To end the night, guests were treated to branded limited-edition wine tumblers as keepsakes.
On Saturday and Sunday, Jollification attendees delighted in glasses or bottles of champagne and sparkling brut or rosé wines while taking
in the comfort of the chic lounge. In addition to purchasing bottles for onsite consumption, consumers were also able to purchase bottles as gifts whether for themselves or someone special.
The sophisticated “bubble lounge” lounge was decked with velvet couches, gold rimmed cocktail tables, blue and pink pillows, and a white floral branded backdrop created for capturing the perfect picture.
Caribbean Wines & Spirits, a historic partner of the Bahamas National Trust was pleased to support Jollification 2025 to kick off the festive season and share their expansive range of spirits.
To keep up to date with all CWS products and events, visit their website at www.cwsbahamas.com today.
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